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Laurie Field

[email protected] +1(312) 504-7010

$ 585,000

Est. payment -/mo

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Active Under Contract

847-849 N Brainard ST Naperville, IL 60563

4 Beds

4 Baths

9,147 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12330955

Bedrooms 4

Maintenance Fees $1,474

Year Built 1955

Annual Tax Amount $10,790

Tax Year 2023

Lot Size 9,147 Sqft

Lot Dimensions 71X158X66X158

Property Sub-Type Two to Four Units

Property Description

Welcome to an exceptional investment opportunity at 847-849 North Brainard Street. This is a rare 2-flat property that has been well maintained and has typically less than 1 month vacancy (often times less than a week). Perfectly positioned close to the Metra train BNSF line, downtown Naperville, and access to I-88, this property offers access to vibrant shopping at Apple, ALO, Nike, Filson, Lululemon, Naperville Running Company, and more! Treat yourself to a night out at the many restaurants including Hugo's Frog Bar, Ramsey's Kitchen by Gordon Ramsay, sushi at Ikkai, dessert at Jeni's Splendid Ice cream or insomnia cookies! Across the street you'll find Jewel-Osco, Starbucks, and a bit further east you'll find Amazon Fresh, Costco, Andy's Frozen custard, Portillo's, 7 Brew coffee, and so much more! Each of the two units features 2 bedrooms with a shared bathroom upstairs, an office/den, and a finished basement with another full bathroom. They also each have a private patio and shared backyard-making it an ideal setting for both relaxation and entertainment. Each unit has its own HVAC system as well as separately metered utilities. They also each have their own washer and dryer in the basement. The property is situated on a sprawling 9,147 square feet corner lot, offering plenty of outdoor space with a large driveway that boasts a 3-car garage. Additionally, there are 7 exterior parking spaces available for rent, providing excellent rental income potential. Each unit has been rented with a garage space, two tandem spaces next to the garage, and one space in front of the garage door. The middle garage has been used for landscape/maintenance storage and is not currently being use for income generation. This easy-to-rent property has been home to long-term tenants, ensuring a stable investment. It would be tough to find a better managed and cared for unit in Downtown Naperville!

Location

State IL

County Dupage

Area Naperville

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Equipment CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters, Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 3.0

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Ellsworth Elementary School

Middle Schools Washington Junior High School

High Schools Naperville North High School

School District 203 , 203, 203

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Holland Hames • Compass

Laurie Field

Real Estate Advisor

+1(312) 504-7010

Laurie Field

847-849 N Brainard ST Naperville, IL 60563

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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847-849 N Brainard ST